Company Valuation: OPAP

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 7,068 11,266 - -
Change - 59.39% - -
Enterprise Value (EV) 1 7,068 18,089 17,966 17,689
Change - 155.92% -0.68% -1.54%
P/E - 25x 17.8x 14.2x
PBR - -4.48x -8.44x -12.6x
PEG - - 0.4x 0.6x
Capitalization / Revenue 0.79x 1.08x 1.02x 0.97x
EV / Revenue 0.79x 1.74x 1.63x 1.52x
EV / EBITDA - 9.8x 8.91x 8.15x
EV / EBIT - 11.8x 9.59x 8.74x
EV / FCF - 25.8x 16.9x 15x
FCF Yield - 3.88% 5.92% 6.67%
Dividend per Share 2 - 1 1.012 1.063
Rate of return - 7.05% 7.14% 7.5%
EPS 2 - 0.5664 0.7955 0.996
Distribution rate - 177% 127% 107%
Net sales 1 8,991 10,384 11,052 11,656
EBITDA 1 - 1,846 2,016 2,171
EBIT 1 - 1,534 1,874 2,025
Net income 1 732 616.8 694.7 819.5
Net Debt 1 - 6,823 6,700 6,423
Reference price 2 19.10 14.18 14.18 14.18
Nbr of stocks (in thousands) 370,063 794,759 - -
Announcement Date 19/3/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 1.74x9.8x - 12.86B
24.09x6.21x14.55x1.63% 25.69B
46.48x1.59x10.27x-.--% 18.62B
11.81x1.95x6.86x5.29% 16.95B
11.46x2.27x7.91x7.59% 13.8B
11.28x5.07x7.75x4.58% 13.35B
95.64x1.99x17.45x-.--% 13B
34.23x3.79x18.85x3% 8.38B
16.93x2.68x10.01x2.22% 7.45B
17.65x3.37x8.45x2.2% 6.92B
Average 29.95x 3.07x 11.19x 2.94% 13.7B
Weighted average by Cap. 30.38x 3.24x 11.23x 2.85%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield